
[Funding alert] Lee Fixel's Addition invests $125M in logistics unicorn Delhivery
Coordinations unicorn ?Delhivery? on Friday declared that it got a speculation of $125 million from Lee Fixel's funding firm, Addition. The VC firm is the furthest down the line worldwide asset to put resources into the coordinations organization, following prior adjusts from other marquee worldwide financial backers. Lee remaining parts a drawn out supporter of Delhivery and has been putting and once again putting resources into the organization since 2015. In a press explanation, Sahil Barua, CEO, Delhivery, said, "We have a long-standing relationship with Lee and are pleased to invite him to our cap table once more. This speculation supports the trust that institutional financial backers have put in Delhivery and is an approval of the strength of our business."